£383,452
This estimated value is based upon the latest sale price for the house of £375,000 on 19 Sep 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £375,000 | 19 Sep 2023 |
| £92,500 | 5 Mar 1999 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for LINCOLNSHIRE to estimate the market value.
When this house was purchased in September 2023 the House Price Index for LINCOLNSHIRE was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £375,000 results in an estimated price of approximately £383,452.
| 19 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £375,000 | £8,452 | £383,452 |
The Postcode Pricing Model uses changes in average sales price within the LN11 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -20.553 % | £-77,075 | £297,924 |
| 3 Month Average | 5.122 % | £19,206 | £394,206 |
| 6 Month Average | 5.918 % | £22,194 | £397,194 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £157,367 | £156,000 | 107 TINKLE STREET |
| 27 Oct 2023 | £286,507 | £280,000 | FAIRHOLME SOUTH VIEW LANE |
| 12 Oct 2023 | £181,625 | £177,500 | 119 TINKLE STREET |
| 9 Oct 2023 | £168,835 | £165,000 | 78 TINKLE STREET |
| 19 Sep 2023 | £383,453 | £375,000 | TIME CRAFT SOUTH VIEW LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Louth Road |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Tinkle Street |
| Oct 2024 | Anti-social behaviour | On or near Varsity Rise | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Varsity Rise |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Varsity Rise |